Cover of: Free | Chris Anderson

Free

the future of a radical price

Published by Hyperion in New York .
Written in English.

About the Book

The New York Times bestselling author heralds the future of business in Free.In his revolutionary bestseller, The Long Tail, Chris Anderson demonstrated how the online marketplace creates niche markets, allowing products and consumers to connect in a way that has never been possible before. Now, in Free, he makes the compelling case that in many instances businesses can profit more from giving things away than they can by charging for them. Far more than a promotional gimmick, Free is a business strategy that may well be essential to a company’s survival.The costs associated with the growing online economy are trending toward zero at an incredible rate. Never in the course of human history have the primary inputs to an industrial economy fallen in price so fast and for so long. Just think that in 1961, a single transistor cost $10; now Intel’s latest chip has two billion transistors and sells for $300 (or 0.000015 cents per transistor—effectively too cheap to price). The traditional economics of scarcity just don’t apply to bandwidth, processing power, and hard-drive storage.Yet this is just one engine behind the new Free, a reality that goes beyond a marketing gimmick or a cross-subsidy. Anderson also points to the growth of the reputation economy; explains different models for unleashing the power of Free; and shows how to compete when your competitors are giving away what you’re trying to sell.In Free, Chris Anderson explores this radical idea for the new global economy and demonstrates how this revolutionary price can be harnessed for the benefit of consumers and businesses alike.

Table of Contents

What's free?
Free 101 : a short course on a most misunderstood word
The history of "free" : zero, lunch and the enemies of capitalism
The psychology of free : it feels good. Too good?
Too cheap to matter : when something halves in price each year, zero is inevitable
"Information wants to be free" : the history of a phrase that defined the digital age
Competing with free : Microsoft learned how to do it over decades, but Yahoo had just months
De-monitization : Google and the birth of a 21st century economic model
The new media models : free media is nothing new. What is new is the expansion of that model to everything else
How big is the free economy? : There's more to it than just dollars and cents
Waste is (sometimes) good : the best way to exploit abundance is to relinquish control
Econ 000 : how a century-old joke became the law of digital economics
"You get what you pay for" : and other doubts about free
Non-monetary economies : where money doesn't rule, what does?
Free world : China and Brazil are the frontiers of free. What can we learn from them?
Imagining abundance : science fiction as a thought experiment in "post-scarcity" societies
Coda
Free rules
The 10 principles of abundance thinking.

Classifications

Dewey Decimal Class
658.8/16
Library of Congress
HF5415 .A6197 2009

The Physical Object

Pagination
p. cm.

ID Numbers

Open Library
OL23202388M
Internet Archive
freefutureofra00ande
ISBN 13
9781401322908
LC Control Number
2009012333
Library Thing
7008317
Goodreads
6150530
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History

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September 9, 2015 Edited by ImportBot import new book
February 29, 2012 Edited by ImportBot import new book
October 24, 2011 Edited by ImportBot import new book
August 19, 2010 Edited by IdentifierBot added LibraryThing ID
May 15, 2009 Created by ImportBot Initial record created, from Library of Congress MARC record.